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of negotiations between the obama administration and congress, particularly the republican controlled house. as i watched the president during his recent press conference and listened to leaders of the house, i think everybody agrees it would be highly desirable to reach a compromise. they also agree the elections provided a mandate. the president seems to think that he is the one who got the mandate and that republicans are saying, well, yes, mr. president, but me, too. and how do you reconcile two mandates and reach an agreement? what are the consequences of failing to do so? this is one of the most important issues facing the administration, the congress, and the nation. mr. norquist. >> several months ago i said there are two options for after the election. after the election, if romney was elected, he would have republican senate to go along with the house. they would pass the ryan plan, taking corporate and individual taxes to a 25% top rate, and having a territorial tax system rather than a worldwide tax system. on the spending side, do the ryan plan -- have entitlement reform, the means t
rates, and the free flow of capital with open investment policies. i give credit to the obama administration. have been a very good on and investing. he was the first to put out and open investment statement in 40 years. why? foreign direct investment create jobs that are disproportionately export-oriented manufacturing- oriented, and 50% unlike the to be unionized. we need to approach trade in the second obama term with the same degree of confidence, to the point michael made. i think the world is ready to engage with us. angela merkel proposed this after a speech in basel. out in asia, the chinese are now part of negotiations and they're following it very closely. we need to succeed in confidence. >> he mentioned china, thank goodness. you cannot have a dispassionate without talking about china. larry gorda to do is mitt romney winds and on monday one calls china a currency -- what are you going to do low-cost if brett romney on that date one calls them a currency manipulator? bill would send these notes out say we are a bigger china basher than romney. it was a real issue d
in there to make sure we have a balanced approach. host: a headline recently -- obama's education plan is dominated by loose ends. his agenda looks less like real reform and more like tying up loose ends. practical budget issues and a struggle between congress and the administration getting in the way. how will they find education reform in the next four years? guest: first off, we do have to reauthorize the elementary and secondary school act, which was known during the bush era as no child left behind and lots of states are now getting waivers for. the act was about getting resources to the kids who needed it most so we could leverage -- level the playing field. we saw equity in public schools and actually a greater increase in student achievement at that point than we had in the no child left behind era -- what we really need to do is not close community schools, stabilize communities and have them be more vibrant, which has been a real problem in the recession and in terms of the school closure policy. the other thing we have to do is we actually have to teach more and test blast. -- less. but
Search Results 0 to 2 of about 3